The cost of goods sold at N32,000. The gross profit is 25% on cost. Returns inward amounts to N2000. What is the value of sales? by Sunday | Aug 19 | Accounting WAEC | 0 comments A. N42,500 B. N40,500 C. N40,000 D. N38,000 E. N32,000 Correct Answer: Option C – N40,000 Users Also Read These:Jeng Limited disposed of a fixed asset in 1999 for…XYZ Ltd's total sales was #100,000. It had opening…Williams and Jacob are in partnership but there is…If the turnover of as business is N16,000 and the…Opening creditors was N65,000, closing creditors was…